Jefferies Raises Price Target on Agilent Technologies (A) Following 2Q Beat and Raise
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Agilent Technologies Reports Second-Quarter 2016 Results
May 16, 2016 4:05 PM EDTDelivers Strong Quarter, Raises Full-Year Guidance
Highlights:
GAAP income from continuing operations of $91 million, or $0.28 per share Non-GAAP income from continuing operations of $145 million, or $0.44 per share(1) Revenue of $1.02 billion; core revenue growth of 8.0 percent(2) Raises fiscal year guidance for core revenue growth(2), adjusted non-GAAP operating margin(3), non-GAAP earnings per share(4) and operating cash flow Fiscal year 2016 revenue guidance of $4.16 billion to $4.18 billion, and non-GAAP earnings guidance of $1.88 to $1.92 per share(4)... More